Tiger Group, Liquidity Services Launch Biopharma Distress Assets Partnership

Tiger Group and Liquidity Services launched a partnership focused on rapid, efficient and high-recovery disposition of assets from distressed organizations in the biopharmaceutical manufacturing industry.

ABN AMRO Launches Blockchain Pilot with Samsung SDS, Port of Rotterdam

ABN AMRO launched a new pilot in partnership with the Port of Rotterdam and Samsung SDS, Samsung’s logistics and IT division.

Signature Launches Fund Banking Division, Byrne Named Head

Signature Bank launched its new Fund Banking Division, dedicated to providing financing and banking services to the private equity industry. Tom Byrne, named managing group director and head of the Fund Banking Division, will lead the bank’s nationwide platform.

OnDeck Creates ODX to Help Small Banks Digitize Services

OnDeck launched ODX, a new company that will focus on helping banks digitize their small business lending process. ODX will operate as a wholly-owned subsidiary of OnDeck with Brian Geary serving as president.

Sunflower Bank Launches Structured Finance Group

Sunflower Bank created a Structured Finance Group to provide relationship-focused asset-based lending and leveraged finance services to lower middle market companies and private equity investors.

BNP Paribas Creates Global Credit Markets America

BNP Paribas, as part of its CIB 2020 development plan, created a new unit called Global Credit Markets Americas. This new unit integrates all primary origination, financing and syndication and secondary sales, trading and research activities across credit products into one platform.

Houlihan Lokey Launches Syndicated Leveraged Finance Platform

Houlihan Lokey launched HL Finance to arrange senior secured leveraged loans for financial sponsor-backed, privately-held and public corporate entities. Chris Dunlop, Anthony Martino and Gregg Newman will lead the new group.

Capital Alliance Names Mack to Lead New In-House Consultancy

Capital Alliance, a middle-market investment bank, named Jim Mack managing director and the first member of a new in-house consultancy service, Capital Alliance Consulting.

FNBB Opens Capital Markets Office in Memphis

First National Bankers Bankshares opened a Capital Markets office in Memphis, TN. Steve Weisman, John Lorino, Jamie Moore, JP Zdancewicz and Christie Johnson will lead the new team.

Live Oak Bank Launches Franchise Lending Business

Live Oak Bank launched a lending division focused on financing for the franchise restaurant industry. The business will be led by General Manager Lew Woodbury.